TransDigm Group Incorporated (NYSE:TDG) Q3 2024 Earnings Conference Call November 7, 2024 11:00 AM ET

Company Participants

Jaimie Stemen - Director, Investor Relations
Kevin Stein - President and Chief Executive Officer
Joel Reiss - Co-Chief Operating Officer
Sarah Wynne - Chief Financial Officer
Mike Lisman - Co-Chief Operating Officer

Conference Call Participants

Sheila Kahyaoglu - Jefferies
David Strauss - Barclays
Gautam Khanna - TD Cowen
Ron Epstein - Bank of America
Robert Stallard - Vertical Research
Robert Spingarn - Melius Research
Myles Walton - Wolfe Research
Scott Deuschle - Deutsche Bank
Gavin Parsons - UBS
Ken Herbert - RBC Capital Markets
Jason Gursky - Citi
Peter Arment - Baird

Operator

Good day, and thank you for standing by. Welcome to the Fourth Quarter 2024 TransDigm Group Earnings Conference Call. [Operator Instructions] Please be advised that today's conference is being recorded.

I would now like to hand the conference over to your speaker today, Jaimie Stemen, Director of Investor Relations. Please go ahead.

Jaimie Stemen

Thank you, and welcome to TransDigm's fiscal 2024 fourth quarter earnings conference call. Presenting on the call this morning are TransDigm’s President and Chief Executive Officer, Kevin Stein; Co-Chief Operating Officer, Mike Lisman; and Chief Financial Officer, Sarah Wynne. Also present for the call today is our Co-Chief Operating Officer, Joel Reiss. Please visit our website at transdigm.com to obtain a supplemental slide deck and call replay information.

Before we begin, the company would like to remind you that statements made during this call, which are not historical in fact, are forward-looking statements. For further information about important factors that could cause actual results to differ materially from those expressed or implied in the forward-looking statements, please refer to the company’s latest filings with the SEC available through the Investors section of our website or at sec.gov.

The company would also like to advise you that during the course of the call, we will be referring to EBITDA, specifically EBITDA as defined, adjusted net income and adjusted earnings per share, all of which are non-GAAP financial measures. Please see the tables and related footnotes in the earnings release for a presentation of the most directly comparable GAAP measures and applicable reconciliations.

I will now turn the call over to Kevin.

Kevin Stein

Good morning. Thanks for calling in today.

First, I'll start off with the usual quick overview of our strategy, a few comments about the quarter and discuss our fiscal 2025 outlook, then Mike and Sarah will give additional color on the quarter.